Southern Cross Agrees to Acquire Controlling Stake in Intellego (Latin America)

Source: Expansion  |  Author(s): Liliana Corona

Latin America-focused private equity firm Southern Cross Group has agreed to acquire a controlling stake in Mexico-based IT consulting company Intellego. Established in 1999, Intellego operates in Mexico, Guatemala, Ecuador, Peru, Chile, Argentina and Brazil. Financial details of the transaction, which is subject to regulatory approval, were not disclosed.